Business
Discuss both direct and indirect labor costs. Provide a minimum of three examples for each cost and explain how companies can estimate them using the Work Breakdown Structure (WBS). Justify your response with real examples in the business industry.
Discuss the different types of nonlabor costs for a project like direct materials. Develop a list that includes common direct costs associated with a business that are not labor related. Explain how these costs could be estimated when submitting a bid for future work. Discuss the different types of nonlabor costs for a project like direct materials.
Put yourself in the position of a purchasing agency contract officer. When accepting bid submissions or responses to a request for quote that you have issued, what would you look for in the responses that would be factors for issuing a contract award? Select a company in your community and provide a hypothetical example.
Explain the benefits that simplified acquisition methods (SAMs) provide to the small-business owner.
Specify the importance of the pre-solicitation notice to the contracting process. What are the advantages of utilizing a pre-solicitation notice for both the potential contractor and purchasing agency?
From the position of a government contracting officer, where do you think most companies fall short in the proposal process? What suggestions would you make to a business owner to reduce proposal weaknesses? Choose a business in your community and take the perspective of the contracting officer.